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Polygon Bans EGL Int’l Reports From Network By Rob Bates, News Director - Posted on September 15, 2014 "The Polygon trading network will no longer list diamonds with European Gemological Laboratory (EGL) International reports on its service—although another platform, IDEX, says EGL reports rem...

Wow, we've got 2 articles today on EGL's policy of overgrading diamonds. Of course, EGL S Africa isn't one bit happy about RapNet banning EGL reports, but Martin Rappaport is right that consumers won't be able to distinguish between various EGL lab reports. I feel bad for EGL S Africa, so maybe they...

This has gotten very serious, and any of our sellers using EGL certs ought to think twice about using them. With any luck Admin will remove EGL from the list of approved labs. It's hard to believe they're so far off that RapNet took them off their list, and there are multiple lawsuits pending agains...

Retailer Faces More Lawsuits Over EGL Int’l Reports By Rob Bates, Senior Editor - Posted on August 20, 2014 "Two more consumers are suing Nashville, Tenn., retailer Genesis Diamonds over its sales of diamonds with EGL International reports. The retailer has already been the subject of a critic...

Another drive thru lab. Not a bad idea at all. AGS Offers Los Angeles Take-In Window By Rob Bates, Senior Editor - Posted on August 19, 2014 " The American Gem Society Laboratories will open a take-in window at the Brink’s office in Los Angeles. The window opens Aug. 29. The lab will offer free...

Well now, looks like we've got ourselves a test case. Tennessee Retailer Sued Over Grading Reports By Rob Bates, Senior Editor - Posted on July 23, 2014 "A new court case may test whether jewelers bear legal liability for the representations on their grading reports. Genesis Diamonds, the Nashv...

The ISG chat last night was about the lab reports sellers use to give buyers a sense of security about buying from them, and how totally useless they are, both for the seller who uses them, and the customer who buys because a stone has one. Turns out sellers who use them had better make sure they're...

I think I would change the company name from EGL USA to another company name because of EGL International's reputation (bad) for grading, wouldn't y'all? Jewelers Responsible for Grading Reports They Use, Panel Says By Rob Bates, Senior Editor - Posted on June 4, 2014 " Retailers should be hel...

EGL International has been getting a bad reputation for overgrading and fraud, so EGL USA is trying to distance themselves. EGL USA: “We’re Different” By Rob Bates, Senior Editor - Posted on May 21, 2014 "Earlier this month, a Tennessee TV station slammed a local store for using reports from EG...

Publicity is finally bringing the issues with the labs to the consumer level, so it will be interesting to see if anything comes of this, but no matter what, it would be good if all the labs upgrading gemstones were exposed so the trade as well as consumers would know which ones are reliable. Differ...